Dalian Futures Show Mixed Trend as PP, PVC and MEG Decline

Trading on the Dalian Commodity Exchange delivered mixed results on August 6, with LLDPE futures remaining largely stable, while PP, PVC, and MEG contracts ended the session lower.

September LLDPE futures settled almost unchanged at CNY7,562/ton ($991/ton, excluding VAT), with total trading volume reaching 560,127 tons, indicating a relatively steady sentiment in the market.

In contrast, September PP futures declined by CNY105/ton ($16/ton) to close at CNY7,989/ton ($1,047/ton, excluding VAT). Trading activity remained strong, with 799,435 tons changing hands during the session.

September PVC futures also moved lower, slipping CNY71/ton ($11/ton) to CNY4,490/ton ($589/ton, excluding VAT). The contract recorded a trading volume of 736,589 tons.

Meanwhile, September MEG futures fell by CNY32/ton ($5/ton) to settle at CNY4,584/ton ($601/ton, excluding VAT), while total trading volume reached 777,855 tons.

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